Brownfield Expansion
An investment that provides incremental capacity to an existing smelter. A greenfield expansion, on the other hand, is one that involves investment in building a new plant.
from http://www.alcan.com/web/publishing.nsf/Content/Glossary
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Grants do not get repaid, loans must be paid off.
Independent projects are those which are not related or dependent on any other projects while in mutually exclusive projects if one project is selected other project automatically discards
It is beneficial for a company to have share capital because it is an alternative source to finance expansion projects. Money gained from share capital can also be used to buy new machinery for the company.
Merchant banking offers services and advice to businesses which include advice on expansion, funding, marketing, portfolio management and restructuring. It can also help on specific projects whereby legal, logistical and location advice is needed.
Mutually exclusive is the situation in which only one of two projects designed for the same purpose can be accepted and independent projects is a project whose feasibility can be assessed without consideration of any others.